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Relative concerns for consumption at the top : an intertemporal analysis for the UK

Quintana-Domeque, Climent; Wohlfart, Johannes - 2014

This paper investigates whether the consumption of rich households provides a reference point in the consumption choices of non-rich households from an intertemporal perspective. Using UK household data on food consumption, we estimate the Euler equation implied by a life-cycle model...

Persistent link: https://www.econbiz.de/10010409785

Do relative concerns matter? : testing consumption categories

Tamgaç, Ünay; Caner, Asena - 2020

Persistent link: https://www.econbiz.de/10012312157

Showing off to the new neighbors? : income, socioeconomic status and consumption patterns of internal migrants

Danzer, Alexander M.; Dietz, Barbara; Gatskova, Kseniia; … - 2013

This paper analyses incomes and socioeconomic status of internal migrants over time and in comparison to their new … neighbors and investigates whether status consumption is a way for newly arrived city dwellers to signal their social standing …. Using a novel dataset from the emerging economy of Kazakhstan we find that internal migrants earn an income and status …

Persistent link: https://www.econbiz.de/10009771815

Measuring Conspicuous Consumption

Murphy, John L. - 2019

Approximately 15 percent of households have a negative or zero net worth, leaving them vulnerable to financial insecurity at retirement. Some are vulnerable at retirement, in part, due to their lack of saving. However, some are also at risk because of their rates of consumption, relative to...

Persistent link: https://www.econbiz.de/10012895759

Showing off to the new neighbors? : income, socioeconomic status and consumption patterns of internal migrants

Danzer, Alexander M.; Dietz, Barbara; Gatskova, Ksenia; … - 2013

Persistent link: https://www.econbiz.de/10009740076

Privatized Keynesianism or conspicuous consumption? : status anxiety and the financialization of consumption in Chile

González, Felipe - 2017

aim to protect lifestyles or signal status to others, but rather reflect a subtler expansion of the standard of living … Konsum zu finanzieren, der weder einen bestimmten Lebensstil absichern noch Dritten gegenüber einen bestimmten Status …

Persistent link: https://www.econbiz.de/10011622484

Is There a Corruption-Effect on Conspicuous Consumption?

Gokcekus, Omer; Suzuki, Yui - 2014

This study empirically explores the following issue: Does corruption fuel conspicuous consumption? It examines the existence and magnitude of any potential corruption-effect on conspicuous consumption expenditure. Regression analyses of an unbalanced panel data for 20 OECD countries between 2004...

Persistent link: https://www.econbiz.de/10014157460

Conspicuous consumption for social parity

Srikanth, Chinmayi; Dey, Shubhasis - 2023

The extant literature on status-signalling primarily adopts Veblen's theory of class to caste and racial identities …

Persistent link: https://www.econbiz.de/10014314769

Social dominance orientation and consumer xenocentrism : mediating role of status consumption and social comparison

Celik, Bilal; Ercis, Aysel - In: Pakistan journal of commerce and social sciences 18 (2024) 2, pp. 226-248

orientation are more prone to having C-XEN, and proposes that status consumption and social comparison mediates the relationship …

Persistent link: https://www.econbiz.de/10014634877

Consumption-savings decisions under upward-looking comparisons : conference paper

Drechsel-Grau, Moritz; Schmid, Kai D. - 2014

We demonstrate that upward-looking comparisons induce "keeping up with the richer Joneses"-behavior. Using data from the German Socio-Economic Panel, we estimate the effect of reference consumption, defined as the consumption level of all households who are perceived to be richer, on household...

Persistent link: https://www.econbiz.de/10010491182

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